DEpreciation related quarry


This query is : Resolved 

(Querist)
25 May 2009 what is the rate of charging Depreciation on car which is purchase in 2009. before march 2009 . what's about new tds returns

25 May 2009 Deprecaition rate is 15%

For TDS return u may refer circular 2/2009

25 May 2009 15% is for the year and if car is purchased in march, u shall claim depreciation for half year

25 May 2009 Car - 15%.

Amendments in TDS will be applicable from 01.07.2009.


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